Chevron Corporation (CVX), Marathon Oil Corporation (MRO), Chesapeake Energy Corporation (CHK): These Companies Are Set to Fuel The Future

This should mean substantial improvement for Chesapeake Energy Corporation (NYSE:CHK) in the quarters ahead, and significant progress can already be seen from the company’s recent results. Chesapeake’s second-quarter total production increased 7% year over year, and its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 77% year over year.

Fuel up your portfolio

As the energy landscape becomes more complex, the better performing global industry heavyweights are likely to lead. Chevron, Marathon Oil Corporation (NYSE:MRO), and Chesapeake Energy Corporation (NYSE:CHK) are doing excellent jobs of aligning themselves best to meet the ever-evolving global energy challenges.

These three companies are focusing assets only on the highest-return projects, a shrewd move given the rising costs set to hit the industry. Each is set to pounce on their respective areas of the oil and natural gas landscapes, and as a result, Chevron, Marathon Oil Corporation (NYSE:MRO), and Chesapeake Energy Corporation (NYSE:CHK) stand a good chance of rewarding their investors handsomely for many years.

The article These Companies Are Set to Fuel The Future originally appeared on Fool.com and is written by Robert Ciura.

Robert Ciura has no position in any stocks mentioned. The Motley Fool recommends Chevron.

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